Ch 11 Flashcards
Where would a copper concentration mill tend to locate near, why?
near a copper mine because it is a bulk-reducing industry
Metal fabrication plants are an example of what?
a bulk-gaining industry because separate parts are combined to make more complex and massive products
Situation costs are critical to a firm that wishes to____
Minimize transport costs
Explain the process of assembly plant locations.
Bulk Reducing: closer to the raw materials
Bulk Gaining: closer to the market
Beer bottling is an example of what?
Bulk-gaining industry
Fabricated metal production is an example of what?
Bulk-gaining industry
Describe important factors of the bulk-gaining industry.
Bulk-gaining industries make products that weigh more after assembly than before assembly
A company that uses more than one ________ will often locate near break-of-bulk points.
Mode of transport
Deduce the lowest-cost form of transporting goods.
boat
________ is the shipment of manufacturing inputs in a manner that allows for production flexibility.
Just in time
Three types of disruptions can affect just-in-time delivery manufacturing:
Natural hazards, traffic, labor unrest
Explain why Containerization was developed.
To facilitate long-distance transport by ship before transferring to trucks and trains
An industry in which employee costs are a high percentage of expenses is what?
Labor-Intensive Industry
Explain Fracking.
(hydraulic fracturing) The pumping of water at high temperatures breaks apart rocks in order to release natural gas
Describe the process of Mexico’s maquiladora plants.
Taking advantage of law environmental enforcement, have an advantage of proximity to U.S. markets
Explain Mexico’s maquiladora plant locations.
Factories built by the U.S. companies in Mexico near the U.S. border, to take advantage of much lower labor costs in Mexico
Gross domestic product (GDP) is the…
Total values of outputs of goods and services produced in a country during a year
An example of a primary sector activity is…
Mining